First American Nuclear (FANCO) is a nuclear power company and developer of EAGL-1, a small modular fast reactor.
About 10 years ago, a small group of experts in the nuclear field came to a simple realization: America had already built a reactor that laid the groundwork for the future of commercial nuclear energy.
Leveraging What We Know
That reactor was the Fast Flux Test Facility (FFTF), the crown jewel of the Department of Energy’s advanced reactor program. It was a liquid metal-cooled fast reactor (LMFR) that ran beautifully and demonstrated every capability the world is pursuing today: passive safety, fuel flexibility, and the ability to close the nuclear fuel cycle.
The FFTF was an invaluable learning tool from a time of ambitious government-funded science projects. Unfortunately, funding priorities changed, and the FFTF program was shut down.
To Build Something Truly Customer-Centric
But rather than letting this wealth of knowledge and experience evaporate, this team, led by nuclear industry veteran Bill Stokes, set out to build the first customer-centric nuclear energy company.
What does that mean? The FANCO proprietary reactor technology and Deployment System was designed from day one to deliver what power buyers actually need — affordable, reliable energy that fits within today’s regulatory and financial frameworks.
Systematic Problem-Solving
The team started with the most arduous challenges facing the industry, from the urgent need for power now, to supply chain constraints, “waste” management, and complex siting and construction. Drawing from decades of hard-won experience and technical knowledge, we systematically overcame them, one by one.
Affordable and Practical Deployment System
The FANCO model is based on first-build cost competitiveness, reduced construction risk through factory fabrication, and flexible deployment structures that work in both regulated and competitive markets — not on speculative future breakthroughs.
